However, many business owners told KXAN they are still waiting because the paycheck program ran out of money before their applications could be processed. 2020 Election Guide: When does early voting start in Texas.
CORONAVIRUS IN TEXAS: What we know, latest updates. Information about the federal program eligibility and online applications are available on SBA’s website: disasterloan.sba.gov. Texas is one of the most recent states to receive a federal disaster declaration for the new coronavirus, officials said in a statement ahead of Saturday’s public briefing. ACL Fest 2020 virtual 3-night YouTube event starts Friday, City of Kyle creates committee to rename Rebel Drive but doesn’t have plan for Fajita Drive signs already ordered, Staying safe in the school zone: TxDOT, AISD reminds drivers to slow down, Former Austin Public Library employee accused of stealing, selling over $1.3M in printer toner, 3 ways to watch the Cornyn-Hegar Texas Senate debate Friday. "We were looking at specifying industries," Briseño said. ... Austin, TX, 78754 (512)928-8010. The local program would provide working capital loans up to $35,000 to Austin businesses that demonstrate an economic injury associated with the new coronavirus. This is one of the many ways our department is supporting small, local businesses experiencing economic loss due to the COVID-19 pandemic.”. 22 Texas Longhorns lose 53-45 to Oklahoma Sooners in 4OT, longest Red River Showdown in history, Spiller helps No.
The tech giant is giving out $2.5 million to qualifying Austin businesses.
However, City Council will have the authority to amend guidelines if the program is approved. Austin American-Statesman ~ 305 S Congress Ave, Austin, TX 78704 ~ Do Not Sell My Personal Information ~ Cookie Policy ~ Do Not Sell My Personal Information ~ Privacy Policy ~ Terms Of Service ~ Your California Privacy Rights / Privacy Policy, Your California Privacy Rights / Privacy Policy. “The Austin Economic Injury Bridge Loan Program will help small businesses retain employees and pay for expenses like rent and fixed debt. If it does, something good does come out it or me and my employees get some sort of relief, that would be amazing.”, Because of the increased demand for financial support, Briseno said, “We get that this is a unique situation and the need is great, so we’ll definitely work with businesses.”, She told KXAN the Economic Development Department has “redeployed 10 employees, and we’re actually looking to assign additional employees to serve as what we are calling case manager. “We understand that small businesses in Austin are still navigating the road to economic recovery,” said Veronica Briseño, economic development department director. 4 Florida 41-38, Austin Economic Injury Bridge Loan Program, Austin small business left out of PPP loan, Austin's Daily Juice owner calls out restaurant chains for getting PPP funding, U.S. Department of Housing and Urban Development. When the Austin City Council approved Resolution 20200326-088, non … Sosa said, “I don’t know what to expect. We have heard loud and clear that financial support and financial support fast will go a long way.”.
Texas small business gets a lifeline: Up to $10 million with no collateral and loan forgiveness By holding on to employees, companies can …
Food industry experts expect people to buy smaller turkeys or even parts such as whole breasts or drumsticks. Both of those games are expected to be rescheduled to a later date. NEW YORK (AP) — President Donald Trump said Thursday he doesn't think he's contagious anymore, but medical experts say that's impossible to know a week after his diagnosis with COVID-19. Veronica Briseño, Austin’s economic development director, said in an online public briefing Saturday that the Austin City Council Thursday will decide whether to approve additional support for local businesses by creating the local Economic Injury Disaster Loan Program.
For those approved, the loan program would work as gap financing in conjunction with an applicant’s request for federal assistance, Briseño said.
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